Simulation Model Construction of Commercial Real Estate
Market:
A Case Study of Shanghai
CHEN Lixuan1 ,ZHAO Sijia1, LI Xiuting1,2, DONG Jichang1,2
Author information+
1. School of Economics and Management, University of Chinese Academy of Sciences, Beijing
100190; 2. Key Laboratory of Big Data Mining and Knowledge Management, Chinese Academy of
Sciences, Beijing 100190
As China's financial center, Shanghai has
always been leading in the commercial development nationwide.
It is of great significance to study the relationship between
its commercial real estate market and economic development. In
this paper, after analyzing its development status, the system
variables were screened through the grey relational analysis
method, and the indicators with high correlation with the commercial
real estate market and urban economic development, such as residents'
disposable income, total retail sales of social consumer goods,
urban population, real estate developers' profits, land
transaction area, etc., were included into the SD model
for simulation. This study found that there is an obvious
mutual promotion between the commercial real estate market
and urban economic development; The supply and demand of
Shanghai commercial real estate market fluctuates greatly,
and the overall performance is oversupply; The structure of supply and
demand changes gradually over time, and the supply and demand side will
eventually tend to be relatively stable.
CHEN Lixuan
, ZHAO Sijia
, LI Xiuting
, DONG Jichang. , {{custom_author.name_en}}.
Simulation Model Construction of Commercial Real Estate
Market:
A Case Study of Shanghai. Journal of Systems Science and Mathematical Sciences, 2021, 41(11): 3049-3064 https://doi.org/10.12341/jssms21115